Croatian Shares Indices Fall in Low Turnover

“The second day of the bourse week was marked by low liquidity and volatility. Share prices were mainly stagnating,” local brokerage Ilirika said in a daily note.

The 28-share benchmark CROBEX index went down 0.91% to 1,760.77 points. The CROEMI 20-share index, calculated by Raiffeisenbank Austria, lost 0.81% to 1,578.35 points.

The narrowest index, CROX, which tracks the 12 most traded stocks on the Zagreb market and is calculated by the Vienna bourse, fell 0.84% in euro terms to 1,039.85 points.

Only three blue-chip companies had a turnover of more than one million kuna, and they made the bulk of trading. Index heavyweight telecommunications company T-HT was the most liquid stock and closed up 0.47% at 220.04 kuna ($38.51/29.74 euro) in the day's highest turnover of 6.96 million kuna. Shipping company Atlantska Plovidba followed, rising 1.13% to close at 792.12 kuna in 4.96 million kuna worth of deals. Power transmission equipment maker Dalekovod, however, lost 4.98% to close at 396.00 kuna on turnover of 1.52 million kuna.

The fixed-income CROBIS index edged down 0.36% to 89.02.

Total turnover in floor trading on Tuesday fell to 19.44 million kuna from 20.55 million kuna on Monday.

(1 euro = 7.3999 Croatian kuna)